Retirement planning does not equal Pensions

When it comes to retirement planning, we like to take a more open-minded approach to where your retirement income will come from. Your retirement goals and aspirations can be achieved through a multitude of ways be that buy to let, shares, selling your business, etc.

What is does equal though is planning.  We want to know about you.  Every retirement plan is unique just like every individual.

We now expect to spend longer in retirement than our predecessors.  This means we must establish a substantial retirement fund which can only be realistically achieved by starting early in life.  If we fail to make adequate provision we may be able to compensate by working longer but for many reasons this may prove impossible and should not be part of our retirement strategy.

Employees benefiting from generous company pension arrangements are increasingly rare.  All of us must take ownership of our retirement planning in as diverse a way as possible.  Our options include:

o Property

o ISAs & other investments

o Pension arrangements (personal, occupational and state benefits)

o Sale of business

Or preferably a portfolio that includes a mix of the above.

We believe that planning for your retirement should not be based purely on a rough estimate of retirement income, rather it should be based on your realistic desired lifestyle and associated income requirements.